Day: May 6, 2025
Asia-Pacific markets set to mostly climb on U.S.-China trade talks
Shipping containers and gantry cranes beyond a fishing boat near the Yangshan Deepwater Port in Shanghai, China, on Wednesday, Dec. 6, 2023. China’s trade figures are scheduled for release on Dec 7. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to mostly climb Wednesday after reports that U.S. Treasury Secretary Scott Bessent and […]
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Uber CEO says changing employee benefits ‘is a risk we decided to take’
Uber CEO, Dara Khosrowshahi speaks during the “Intentional Equity in Sustainability” conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Uber CEO Dara Khosrowshahi last week told employees “it is what it is” at a heated all-hands meeting after the […]
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Stock futures rise on news of upcoming U.S.-China trade talks: Live updates
Traders work on the floor of the New York Stock Exchange on April 29, 2025. NYSE Stock futures advanced Tuesday night as investors monitored the latest updates on U.S. trade negotiations and looked toward the Federal Reserve interest rate announcement expected Wednesday afternoon. Dow Jones Industrial Average futures added 236 points, or 0.6%. S&P 500 […]
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Trump officials to meet with Chinese counterparts on trade, economic matters
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump’s Treasury Secretary, Scott Bessent, and top trade official Jamieson Greer will meet with their Chinese counterparts in Switzerland […]
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SpaceX gets FAA permission for fivefold increase in Starship launches from Texas
The Super Heavy booster returns to its launch pad after the SpaceX Starship continued to space after it was launched on its eighth test at the company’s Boca Chica launch pad in Brownsville, Texas, U.S., March 6, 2025. Joe Skipper | Reuters SpaceX has been granted permission by the Federal Aviation Administration to launch and […]
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Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections
The entrance to the Consumer Financial Protection Bureau (CFPB) headquarters is seen during a protest on Feb. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule, this time targeting buy now, pay later […]
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Stocks making the biggest moves after hours: Super Micro Computer, Wynn Resorts, Electronic Arts and more
Check out the companies making headlines in after-hour trading. Arista Networks — Shares of the cloud computing stock slid 7%. First-quarter revenue narrowly beat LSEG consensus estimates, coming in at $2.00 billion, versus the $1.97 billion the Street expected. Adjusted earnings also beat estimates, landing at 65 cents a share, compared to the 59 cents […]
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58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows
About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis. Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. Crypto wallets are accounts that store the […]
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EA issues strong bookings guidance as CEO touts ‘Battlefield’ reveal
Visitors play the EA Sports FC 25 game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024. Ina Fassbender | AFP | Getty Images Electronic Arts shares rose more than […]
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Former LPGA golfer Michelle Wie West invests in women’s sports company Togethxr
Former LPGA golf star Michelle Wie West is taking on a bigger role in growing women’s sports — from off the course. On Tuesday, Wie West announced she has signed on as the latest athlete investor in Togethxr, the company behind the popular “Everyone Watches Women’s Sports” slogan. Togethxr aims to increase investment in and […]
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